President’s Day is a Great Day to Donate to a Top-Rated Ch...
President’s Day is a Great Day to Donate to a Top-Rated Ch...
Feb 16, 2024
Happy President’s Day from CharityWatch! ...
Happy President’s Day from CharityWatch! ...
Top-Rated Charity
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Ratings & Metrics
Joint Costs
Waterkeeper Alliance's rating was adjusted for Joint Costs. If you are a donor who considers direct mail, telemarketing, and other Joint Cost solicitations to be true charitable programs, the below efficiency ratios, which were not adjusted for joint costs, may better reflect your goals.
| Program % | Cost to Raise $100 |
|---|---|
| 92% | $6 |
Accounting rules allow charities to report some telemarketing, direct mail, and other solicitation costs as Program expenses. CharityWatch believes that most donors do not consider a charity's solicitation activities to be the Programs they are intending to support with their donations. We therefore adjust such expenses out of a charity's reported Program expense and add it to Fundraising expense prior to calculating its rating.
Financial Documents
| Entity | Document Type | Tax ID |
|---|---|---|
| Waterkeeper Alliance | Audited Financial Statements | 13-4071318 |
| Waterkeeper Alliance | IRS Form 990 | 13-4071318 |
|
Entity: Waterkeeper Alliance Document Type: Audited Financial Statements Tax ID: 13-4071318 |
|
Entity: Waterkeeper Alliance Document Type: IRS Form 990 Tax ID: 13-4071318 |
Governance & Transparency
CharityWatch evaluates certain criteria related to a charity's Governance and Transparency. Donors may want to consider a charity's willingness to be open and transparent with CharityWatch to be a good litmus test for determining its commitment to public accountability.
Top Salaries
| Name | Title | Compensation | |
|---|---|---|---|
| 1 | Marc Yaggi | CEO | $325,699 |
| 2 | Mary Beth Postman | Deputy Director | $258,174 |
| 3 | Daniel Estrin | General Counsel/Advocacy Director | $249,910 |
|
1 Name: Marc Yaggi Title: CEO Compensation: $325,699 |
|
2 Name: Mary Beth Postman Title: Deputy Director Compensation: $258,174 |
|
3 Name: Daniel Estrin Title: General Counsel/Advocacy Director Compensation: $249,910 |
Analysts' Notes
CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.
According to the Waterkeeper Alliance audit of June 30, 2022 (Note 10, Economic Injury Disaster Loan): "During July 2020, the Alliance applied for a 30-year Economic Injury Disaster Loan with the U.S. Small Business Administration to provide disaster relief from the COVID-19 pandemic. The loan was approved for $150,000 and the Alliance received that amount, less a $100 third-party filing fee on July 6, 2020. This loan was repaid without penalty in February 2021." |
According to the Waterkeeper Alliance audit of June 30, 2022 (Note 9, Deferred Grant): "On April 29, 2020, the Alliance received $498,174 under the Paycheck Protection Program ("PPP") which is a business program established under the Coronavirus Aid, Relief, and Economic Security Act. During April 2021, the PPP Loan forgiveness application was confirmed by the SBA and as a result, the Alliance recorded $498,174 as contributions and grants in the 2021 fiscal year statement of activities. During March 2021, the Alliance received a second draw under the PPP, totaling $521,012 at terms substantially similar to the first draw received in 2020. During August 2021, the PPP forgiveness application was confirmed by the SBA and as a result, the Alliance recorded $521,012 as contributions and grants in the 2022 fiscal year statement of activities." |